Tech Meme

Debby Wu / Bloomberg: Nikon reports Q1 revenue up 8.6% YoY to $1.1B, profit down 78% YoY to ~$23M, and shipping four lithography machines, compared to eight in 2022; NINOY drops 11%  —  – Nikon supplies mature chipmaking machines to Intel, TSMC  — Chip industry sales have been hit by glut, economic headwinds Lees verder op Tech Meme

Martin K.N Siele / Rest of World: In Kenya, the most active African country on TikTok, creators make money with protest livestreams, which protesters say help them stay safe from police violence  —  At least 23 people have reportedly been killed as crowds oppose proposed tax increases.  —  • NAIROBI, KENYA Lees verder op Tech Meme

Jess Weatherbed / The Verge: Unity releases some of Wētā FX’s 2D and 3D tools, including Wig 1.0 for simulating hair and fur, into public beta under its new Unity Wētā Tools division  —  Unity is releasing some of the specialist 2D and 3D tools from Weta FX — the visual effects company behind Peter Jackson’s Lord … Lees verder op Tech Meme

Rebecca Bellan / TechCrunch: Lyft CEO David Risher says the company is trying to end surge pricing as “riders hate it”; rides with surge pricing dropped 35% QoQ due to more driver supply  —  Lyft has been cutting fares in order to secure more riders, and it’s working.  Bu that success has come with a (literal) cost. Lees verder op Tech Meme

Reuters: NetChoice and the Chamber of Progress back TikTok’s lawsuit to stop a Montana law that is set to ban the use of the app on January 1, 2024  —  Two tech groups on Monday backed TikTok in its lawsuit seeking to block enforcement of a Montana state ban on use of the short video sharing app before it takes effect on January 1. Lees verder op Tech Meme

Jess Weatherbed / The Verge: Unity releases some of Wētā FX’s 2D and 3D tools, including Wig 1.0 for simulating hair and fur, into public beta under its new Unity Wētā Tools division  —  Unity is releasing some of the specialist 2D and 3D tools from Weta FX — the visual effects company behind Peter Jackson’s Lord … Lees verder op Tech Meme

Kate Park / TechCrunch: Coupang reports Q2 revenue up 21% YoY to $5.6B, a $145M net income, up from a $75.4M loss in Q2 2022, and plans to expand in Taiwan after a year of profits  —  Coupang, a South Korea-headquartered e-commerce company, said it will accelerate its investment in Taiwan after four straight quarters of profits. Lees verder op Tech Meme

CNBC: Sony reports Q1 revenue up 33% YoY to $20.7B and PS5 sales up 38% YoY to 3.3M; Sony had said the company expects to sell 25M PS5 units in the year to March 2024  —  Sony on Wednesday reported a 31% fall in profit in the first fiscal quarter as its life insurance unit dragged on its bottom line … Lees verder op Tech Meme

Varsha Bansal / Rest of World: A look at the Indian Institutes of Technology, established in the 1950s and 1960s to emulate MIT and now comprising 23 schools offering a path to tech success  —  Indian tech entrepreneur Kesavan Kandadai has many accomplishments under his belt: launching Amazon Prime Video in India and founding … Lees verder op Tech Meme

Jess Weatherbed / The Verge: Unity is releasing some of Wētā FX’s 2D and 3D tools, including Wig 1.0 for simulating hair and fur, into public beta under its new Unity Wētā Tools division  —  Unity is releasing some of the specialist 2D and 3D tools from Weta FX — the visual effects company behind … Lees verder op Tech Meme